Oil and Gas Analytics Market worth $19.65 Billion by 2019

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MarketsandMarkets Presents
Oil and Gas Analytics Market worth 19.65 Billion
by 2019
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l-and-gas-analytics-market-147668082.html
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The report "Oil and Gas Analytics Market by
Software (Upstream, Midstream, and Downstream),
by Deployment Model, by Services, and by Regions
- Forecasts and Analysis (2014 - 2019)" defines
and divides the computer graphics market into
several sub-segments along with a detailed
analysis and forecasting of revenues generated
from each division. It also provides a detailed
insight into the drivers and restraints for the
market and identifies the opportunities,
challenges and ongoing market trends. Browse
75 market data tables and 39 figures spread
through 149 pages and in-depth TOC on "Oil and
Gas Analytics Market by Software (Upstream,
Midstream, and Downstream), by Deployment Model,
by Services, and by Regions - Forecasts and
Analysis (2014 - 2019)".http//www.marketsandmark
ets.com/Market-Reports/oil-and-gas-analytics-marke
t-147668082.html Early buyers will receive 10
customization on this report.
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Analytics solution for the oil and gas industry
helps to gain a holistic view of the operations
helps to keep pace with vibrant markets, customer
needs, and regulations. Oil and gas analytics
software allows companies to understand the
dependencies, objectives and meet the target by
analyzing the complete project lifecycle.
 Moreover, improve operation and enhance
productivity, examine supply chain performance
and verify the root cause of production loss.
These graphics software are being employed by
businesses around the world to improve
efficiencies of their business processes along
with enhancing and innovating product design and
features. The drivers, restraints and
opportunities along with the time-impact analysis
have been identified in the report. The drivers
for this market are listed as global demand for
oil and gas, untapped value of big data in oil
and gas industry, and asset-intensive oil and gas
industry. The restraint for this market is the
price volatility in oil and gas market, stringent
regulations and compliances over the oil and gas
industry, harsh climatic conditions and
communication links. Cloud analytics, and
evolutions of digital oilfields have been
acknowledged as the opportunities in this market.
Whereas, depleting oil and gas reserves, aging
workforce in the oil and gas industry are the
major challenges.
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MarketsandMarkets has extensively divided the oil
and gas analytics market by software software
used in upstream, midstream and downstream by
deployment platform on-premise, and hosted by
services professional services, integration
services, and cloud services by regions North
America (NA), Europe (EU), Asia Pacific (APAC),
Latin America (LA) and Middle-East and Africa
(MEA). The oil and gas analytics market is
estimated to grow from 4.29 billion in 2014 to
19.65 billion in 2019 at a Compound Annual
Growth Rate (CAGR) of 35.5 from 2014 to 2019. On
geographical grounds, Middle-East and Africa
(MEA) is forecasted to be the biggest market for
oil and gas analytics market followed by North
America (NA) and Asia Pacific (APAC).
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l-and-gas-analytics-market-147668082.html
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